COGNICURRENT

HM Revenue and Customs has reminded employees to check their eligibility for tax relief on work-related expenses.

HMRC alerts Universal Credit recipients about the Help to Save scheme which can provide up to £1,200 in bonuses.

New HMRC rules are expected to significantly increase tax obligations for families, especially regarding inheritance tax and pensions.

Experts warn that millions of UK taxpayers may be owed refunds due to errors in PAYE tax codes.

Savers are urged to maximize their ISA allowances before upcoming changes reduce their tax-free savings capacity starting in April 2027.

The UK government has confirmed significant tax changes, including the abolition of the HMRC allowance for workers, which will take effect in April 2026.

Millions of UK taxpayers are advised to verify their tax codes to avoid overpaying or underpaying taxes, which could lead to unexpected bills.

HM Revenue and Customs (HMRC) urges British workers to download their National Insurance number through its app without delay.

The HMRC is urging 750,000 young Britons to claim 'forgotten' Child Trust Fund accounts worth an average of £2,242 each.

HMRC has announced new tax rules for the state pension which will ensure that pensioners relying solely on their pension income do not incur small tax liabilities.

The HMRC has begun notifying taxpayers about new Making Tax Digital (MTD) rules that will require compliance from April 2026, starting with those earning over £50,000 per year.

The article discusses a new HMRC initiative, the Tax Confident website, aimed at helping retirees understand their tax obligations.

The UK's National Audit Office has initiated an inquiry into HMRC's controversial scheme that mistakenly cut child benefit payments for thousands of families due to flawed data on travel records.

A BBC expert has warned that pensioners earning over £35,000 should consider opting out of the Winter Fuel Payment starting April 1 to avoid repaying double due to tax changes.

Upcoming changes to inheritance tax in the UK could lead to individuals paying an additional £3,400 due to long-standing allowances not increasing with inflation.

A BBC expert warns that millions of older households may need to repay their Winter Fuel Payment, with letters from HMRC expected to arrive in April.

Wealthy British nationals affected by the Gulf conflict are relocating to countries like Ireland and France to evade tax liabilities while waiting for the situation to stabilize.

HMRC warns earners over £60,000 that they may need to repay all or part of their Child Benefit due to the High Income Child Benefit Charge.

More than 1.3 million taxpayers in the UK face late payment interest charges from HMRC, adding up to £137.5 million for the tax year 2023/24.

A key decision has been made regarding National Insurance reforms that will impact the salary sacrifice schemes for pension contributions in the UK.

UK tax changes are imminent with deadlines approaching for individuals to manage their savings effectively to avoid higher taxation.

HMRC has clarified the rules surrounding pension income tax for retirees, advising that they can contact the helpline after retirement to handle their tax payments accordingly.

Nearly one million people in the UK are being urged to prepare for new tax rules requiring digital record-keeping starting April 2026.

HMRC has warned that up to one million taxpayers in the UK may be missing out on an average tax refund of £453 due to unclaimed overpaid taxes.

Martin Lewis warns of an impending 'double tax' on pensions due to changes in inheritance tax regulations.

The HMRC has highlighted that individuals on Universal Credit can access up to £1,200 in government bonuses through the Help to Save scheme, incentivizing savings with a 50% bonus on deposits.

HMRC has issued a warning to Brits about potential tax avoidance schemes when accessing private pensions, advising them to check their options carefully to avoid unexpected bills.

The HMRC and DWP have announced new payment rates for various benefits and allowances starting in April, increasing in line with inflation rates.

A new HMRC rule allows the tax-free Personal Allowance to effectively rise to £20,070 for individuals through a rent-a-room scheme, despite the base allowance being frozen at £12,570 since 2021.

The article contains guidance from HM Revenue and Customs (HMRC) on steps individuals should take if they suspect they have overpaid or underpaid their taxes as the tax year-end approaches.

Taxpayers in the UK face significant penalties for late tax return submissions, with potential fees reaching £1 billion if action isn't taken by those who missed the January deadline.

UK businesses will soon face new income tax reporting requirements under the Making Tax Digital (MTD) scheme, starting in April 2026.

HMRC has advised customers to persist with their helpline when seeking help for tax-related issues.

Parents and carers in the UK may qualify for significant financial support from HMRC, including Child Benefit and National Insurance credits.

Frankie Dettori's bankruptcy status has been extended for another year after a judge ruled against discharging it, following complications related to tax issues.

Individuals, particularly self-employed and landlords earning over £50,000, need to prepare for new HMRC income tax regulations starting April 2026.

A new income tax reporting system called Making Tax Digital will be implemented in the UK starting April 2026, requiring more frequent updates from taxpayers.

HMRC has issued a warning to people with National Insurance numbers about sharing them to prevent identity theft and fraud.

The HMRC has communicated important tax information affecting users of selling platforms like Vinted, eBay, and Etsy, particularly regarding when tax might apply to their earnings from personal item sales.

One million UK taxpayers face penalties from HMRC if they do not complete their self-assessment tax returns by March 3.

Millions of self-employed individuals and landlords in the UK must prepare for significant tax changes starting April 2026 due to HMRC's digital modernization initiative.

More than 1.4 million basic rate taxpayers in the UK are facing an average £641 tax bill on savings interest due to rising taxation, according to new HMRC data.

Midland Skip Hire Limited, a Nottinghamshire skip hire firm established in 2002, has gone into liquidation following a winding-up order from HMRC, leading to job losses and insolvency proceedings.

UK workers are advised to take immediate action regarding a potential tax bill of £641 on their savings interest following new HMRC data indicating a significant increase in those affected.

A BBC expert warns that people are receiving important letters from HMRC that require attention, especially concerning financial obligations.

The UK tax authority HMRC has issued a warning to remote workers about the importance of properly claiming tax relief on work-related expenses.

HMRC is notifying pensioners about the need to repay the Winter Fuel Payment of up to £300 if their annual income exceeds £35,000.

HMRC advises pensioners to wait until the end of the tax year to reclaim overpaid tax on pensions, following inquiries about tax refunds.

HMRC has issued a warning to pensioners to update their tax details within 15 days to avoid paying incorrect amounts of tax.

People nearing retirement will encounter a significant change in ISA savings rules starting April 2027, affecting their tax-free savings options.